In September, the Consumer Financial Protection Bureau (CFPB) issued its final ruling on an amendment to Regulation B of the Home Mortgage Disclosure Act (HMDA). It also noted its intent to assist with compliance with Regulation C. The amendment, which follows a 2015 congressional update, will go into effect starting January 1, 2018. Ultimately, it is designed to give creditors more flexibility to meet standard government regulations, but banks are generally unprepared for the changes, in part because the standards have been moving targets.